China's Baidu tops quarterly revenue estimates
I'm PortAI, I can summarize articles.
Feb 26 (Reuters) - China’s largest search engine operator Baidutopped market estimates for quarterly revenue on Thursday, as strong growth in its cloud business helped cushion the hit from persistent weakness in its mainstay advertising business.The company reported total revenue of 32.74 billion yuan ($4.79 billion) for the quarter ended December, compared with analysts’ average estimate of 32.62 billion yuan, according to data compiled by LSEG. ($1 = 6.8395 Chinese yuan renminbi)
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments